KUALA LUMPUR, Jan 14 (Bernama) -- EasyTransfer, a Singapore-based global education fintech firm, has been listed in KPMG’s 2024 China Fintech 50 report for the third consecutive year, affirming its status as a leading fintech company.
The company, which operates in over 170 countries, is particularly influential in China, serving more than 380,000 Chinese international students by facilitating seamless payments to top universities and educational institutions worldwide, according to a statement.
“It is a great honour for EasyTransfer to be included in KPMG’s China Fintech 50 list for a third year, in recognition of the company’s achievements in the global education-focused fintech sector,” said EasyTransfer Founder and President, Tony Gao.
Gao highlighted the company’s significant 2024 milestones, including partnerships with the University of Manchester, Oxford University Press, Newcastle University, the University of Nottingham, Pearson PTE, China CITIC Bank, as well as several payment service providers in Africa, the Middle East, South Asia, and Southeast Asia. He also expressed optimism for continued growth in 2025.
EasyTransfer simplifies school fee payments for over half a million international students, offering transparent real-time exchange rates locked in for 12-hour periods to counter volatile currency fluctuations and eliminating processing fees for recipient universities.
The platform addresses challenges such as forex volatility and remittance limits, enabling more students to pursue education abroad affordably and efficiently.
This year’s winners were announced on Jan 10, at the 2024 KPMG China Financial Technology Enterprise Double 50 List Release and Award Ceremony in Shanghai, organised by KPMG China in collaboration with the Financial Technology Branch of the Shanghai University of Finance and Economics Alumni Association.
Companies were nominated in five broad fintech categories, comprising financial services in science and technology, eco-friendliness, inclusivity, pensions, and digital products. A panel of financial experts assessed applicants based on criteria such as science and data; innovation and change; popularisation of financial services; recognition in capital markets; and industry development prospects.
-- BERNAMA
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